Revise your repayment terms

You can ask the National Student Loan Service Centre to revise the repayment terms of your loan (the length of time it will take to pay back the loan) by extending your repayment period from 9.5 years to 14.5 years. This will lower your monthly payments.

Minister of Training, Colleges and Universities

"Our government will continue investing in Ontario's world-class postsecondary education system and skills training programs to help students pursue their passions and give the province a workforce with the right skills and knowledge to actively contribute to our 21st century global economy."